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SwissReAG-AR_2011
583
Fair value of plan assets 4 290 3 717 2010 USD millions Swiss plan Foreign plans Other benefits Total
19
annual_report
StandardLifeAberdeenPLC-AR_2014
485
Creating a meaningful customer experience The rich insight we gather helps us to make improvements to our service – particularly what we provide online. We saw a number of examples of improvements during 2014: • We completely redeveloped our UK retail website – www.standardlife.co.uk – with each stage of development ba...
77
annual_report
4744
587
Statutory loss for the years ended December 31, 2013 and 2012 was $1,382,860 and $340,078, respectively.
16
10K
AdmiralGroupPLC-AR_2015
545
A lot of good things happened in 2015. For the sake of allowing you to finish this statement in a conscious state, let me highlight but two.
27
annual_report
HannoverRueckSE-AR_2007
425
The technical result across all the company's business segments was excellent in the year under review. Not
17
annual_report
AvivaPLC-AR_2018
3,003
30 – Pension surpluses, other assets, prepayments and accrued income (a) Pension surpluses and other assets – carrying amount The carrying amount comprises: £m
24
annual_report
4080
3,794
We segregate our business into insurance operations and other, with the insurance operations being further classified into three divisions: excess and surplus lines (E&S), alternative risk transfer (ART) and assumed reinsurance (Assumed Re). E&S consists of seven business lines: property, environmental, construction, p...
109
10K
5260
835
Under the terms of the stock purchase agreement, the purchase price was based on the combined U.S. GAAP book value of Anchor as of December 31, 2014. The total purchase price for the combined entities of Anchor was $23.2 million, consisting of a combination of cash and Atlas preferred shares, and is estimated at approx...
149
10K
CNPAssurancesSA-AR_2009
2,926
(+/-) Consolidation of Barclays Vida y Pensiones 237.2 237.2 tEChNICAl RESERvES At thE ENd of thE PERIod* 31,441.6 31,421.1 * Not including unit-linked financial instruments without DPF, accounted for in accordance with IAS 39. The table below reconciles the amounts shown in the above tables to unit-linked liabilities ...
53
annual_report
2846
739
(1) As of December 31, 2005, Category 1 contains 4 credits with net par outstanding of $44.8 million and Category 2 contains 7 credits with net par outstanding of $80.6 million related to Hurricane Katrina.
35
10K
4828
1,380
Consolidated Statements of Comprehensive Income for the years ended December 31, 2013, 2012 and 2011
15
10K
2888
1,684
Benefits and claims and claim adjustment expenses have decreased for the year ended December 31, 2005 due to an increase in reserves in the third quarter of 2004 related to the acquisition of a block of acquired business from London Pacific Life and Annuity Company in liquidation. The increase in reserves of $62 was of...
96
10K
1849
1,648
The Company's actual income tax expense (benefit) for the years ended December 31, differs from the expected amount computed by applying the statutory federal income tax rate of 35% to income from continuing operations before income taxes for the following reasons:
41
10K
3250
898
Our interest rate swaps are accounted for as cash flow hedges. The swaps are carried on the consolidated balance sheet as either a derivative instrument or other liability. The effective portion of any unrealized gain or loss is recorded in accumulated other comprehensive income. If a portion of the hedges become ineff...
107
10K
4356
1,520
Gross and net premiums written and net premiums earned increased by 28%, 25% and 26% in 2010 compared to 2009, respectively. The increases in gross and net premiums written and net premiums earned resulted mainly from business written by Paris Re, which is included in this sub-segment’s results for a full year in 2010 ...
127
10K
4951
1,308
The ineffective portion of our cash flow hedges is reported in net realized capital gains (losses) on the consolidated statements of operations. The net gain resulting from the ineffective portion of foreign currency contracts in cash flow hedging relationships was $0.0 million, $0.8 million and $0.5 million for the ye...
58
10K
2966
831
The weighted-average grant-date fair value of Putnam’s option awards granted for the years ended December 31, 2006, 2005 and 2004 was $4.82, $4.88 and $4.87, respectively. No options were exercised in 2006 or 2005.
34
10K
CNPAssurancesSA-AR_2005
2,684
Change in life premium reserves and other technical reserves (3,234.9) (2,713.0) (785.9)
12
annual_report
PhoenixGroupHoldingsPLC-AR_2012
25
Business and strategy 12 Our business 14 Operating structure 20 Our strategy
12
annual_report
1489
1,010
Effective October 1, 2000, the Company's AMS subsidiary amended the terms of its unsecured term loan facility (under which, at December 31, 2000, $21.3 million of indebtedness was outstanding) to eliminate all financial covenants. In connection with the amendment of the facility, the Company agreed to unconditionally g...
88
10K
RaiffeisenBankInternationalAG-AR_2013
964
Net income from disposal of group assets (6,487) 19 6 (3)
11
annual_report
SwissReAG-AR_1993
168
The European International Reinsurance Company Lim­ ited, Bridgetown, Barbados, continued to show a grati­ fying development. The company, which operates in the sector of financial reinsurance, recorded gross premiums of USD 250.2 million (previous year, USD 290.2 million thanks to an exceptional transaction).The publi...
69
annual_report
HelvetiaHoldingAG-AR_2004
195
Salaries/commissions 751.1 765.7 Social welfare 57.3 57.2 Pension plan 35.5 35.3
11
annual_report
RaiffeisenBankInternationalAG-AR_2007
2,583
You will find the online version of the annual report at ar2007.ri.co.at. The original German version of the report is available at gb2007.ri.co.at.
23
annual_report
2073
380
In December 2002, the Financial Accounting Standards Board issued Statement of Financial Accounting Standard No. 148, "Accounting for Stock-Based Compensation - Transition and Disclosure," which amended Statement of Financial Accounting Standard No. 123, "Accounting for Stock-Based Compensation." The new standard provi...
179
10K
gb_prudential-AR_2005
5,128
The investment return assumptions as derived above are applied to the actual assets held at the valuation date to derive the overall fund-earned rate.
24
annual_report
4778
1,093
We completed annual goodwill impairment analyses in the fourth quarter of each respective year using a September 30 measurement date and as a result no goodwill impairments have been recorded. For the years ended December 31, 2013 and 2012, we determined there were no events or circumstances which indicated that the ca...
57
10K
5943
1,440
Net investment return represents the return on our net investments managed by Third Point LLC, net of fees. The net investment return on net investments managed by Third Point LLC is the percentage change in value of a dollar invested over the reporting period on our net investment assets managed by Third Point LLC. Th...
100
10K
4016
1,061
The random sample approach to estimate subrogation recoveries was based on obtaining a statistically valid random sample for all the original loans in the pool and incorporates a realization factor applied to the estimated repurchase obligation to compute the undiscounted subrogation recovery. The realization factor in...
58
10K
686
475
Sales of retail and institutional spread products include premiums and deposits received for products issued by the Company's insurance and face-amount certificate subsidiaries. Sales of retail variable products include premiums for the investment portfolio options of variable annuity products issued by the Company's i...
45
10K
Sampoplc-AR_2013
53
Sampo Group's business areas are P&C insurance and life insurance under If and Mandatum Life brands, respectively. The Group is also the largest shareholder in Nordea Bank, the leading Nordic banking franchise. On a Group level Sampo has no stated strategy, but the business areas have well-defined strategies based on r...
55
annual_report
4259
4,436
Impact of adoption of new OTTI accounting before unrealized impact (1)
11
10K
ScorSE-AR_2020
5,007
In addition to its adherence to the Principles for Responsible Investment, the Group is involved in numerous professional associations that are leading discussions on climate issues and investments, such as the French Insurance Federation, the French Association of Institutional Investors. As an asset owner, the Group ...
61
annual_report
5489
1,012
During 2015, we established $2.6 million of losses and LAE reserves for estimated losses incurred during the year, reflected as a combination of case and IBNR reserves. There were no individually significant known loss events that impacted us during the 2015 period. In addition, during the year ended December 31, 2015,...
94
10K
5632
629
Other expense decreased $12 million from $137 million in 2016 to $125 million in 2017. Other expense in 2017 includes, among other things, $86 million of pension and other post-retirement expense, a $37 million unfavorable impact of exchange rates on the remeasurement of assets and liabilities in non-functional currenc...
109
10K
4738
865
On December 26, 2013, there were no Series A convertible preferred stock outstanding, therefore the convertible promissory note was converted into common stock on a 1:1 basis.
27
10K
fr_axa-AR_2018
6,367
As diversity and inclusion are important drivers to breed talent and innovation, attract and retain the best talents and remain the preferred employer of the market, AXA promotes diversity through its recruitment, learning and development and talent management processes. AXA Group has developed a Diversity and Inclusio...
111
annual_report
HannoverRueckSE-AR_2019
1,866
Manufacturing output in the emerging economies is forecast to rise slightly from 4.1% to 4.5%. Along with the issues already mentioned above, additional challenges in some emerging countries are hampering a more vigorous rally: in Latin America structural weaknesses are a drag on economic development. Argentina is expe...
77
annual_report
5415
8,641
This non-symmetrical range results from the non-linear relationship between discount rates and pension obligations, and changes in the amortization of unrealized net actuarial gains and losses.
26
10K
gb_prudential-AR_2019
2,576
— Where the Committee has applied discretion, this will be disclosed clearly.
12
annual_report
1187
524
PAULA Financial is dependent on the transfer of funds from its subsidiaries. Dividends and advances from PICO and PAULA Assurance Company ("PACO") are restricted by law and minimum capitalization requirements and, above certain thresholds, are subject to approval by insurance regulatory authorities. Net assets of the i...
80
10K
Sampoplc-AR_2001
634
Revaluations and revaluation adjustments on investments – –1 – – – – – –
14
annual_report
SwissLifeHoldingAG-AR_2007
1,337
Total insurance liabilities with embedded derivatives not separated and fair valued 85 583 99 482
15
annual_report
PhoenixGroupHoldingsPLC-AR_2020
264
Read more page 64 47.5p 2020 total ordinary dividend per share
11
annual_report
5413
1,389
The following table presents the Company’s investments in limited partnerships and other alternative investments which include hedge funds, real estate funds, and private equity funds. Since December 31, 2015, the Company has reduced the allocation to hedge funds. Real estate funds consist of investments primarily in r...
97
10K
INGGroepNV-AR_2019
1,103
ING Group’s approach to sustainability is shaped by our specific skills and expertise as a financial company, our vision of the future and the expectations of our stakeholders. Reviews of our performance by sustainability research and rating agencies help us to improve our strategy and policies. ING’s scores and rankin...
59
annual_report
AvivaPLC-AR_2014
2,708
Total audit fees 12.4 13.2 Audit related assurance 2.3 2.2 Other assurance services 9.8 6.1
15
annual_report
4440
1,451
Carrying values represents the fair value for available for sale fixed maturities and amortized cost for held to maturity securities.
20
10K
4523
3,073
Amortization of deferred acquisition costs: For a discussion of our accounting policies on amortization of deferred policy acquisition costs, see Note 10 herein.
23
10K
5155
5,718
The following table provides a description of our adoption of new Accounting Standard Updates (“ASUs”) issued by the FASB and the impact of the adoption on our financial statements:
29
10K
SwissReAG-AR_2015
3,137
Non-current assets investments in subsidiaries and affiliated companies 5 17 340 17 561 Total non-current assets 17 340 17 561 252 Swiss Re 2015 financial Report
26
annual_report
NatixisSA-AR_2019
11,011
In the US, through the Natixis Community Giving Initiative, NatixisV also supports its employees’ initiatives by publishing information and organizing collections for various associations.
24
annual_report
1086
700
The Corporation participates in the Lloyd's of London insurance market through its corporate name, CRC Capital Ltd. At the Corporation's direction, a letter of credit has been provided to Lloyd's in satisfaction of CRC Capital's capital requirement. All corporate capital providers are required by Lloyd's to post funds ...
142
10K
SwissReAG-AR_2019
4,577
Investments available-for-sale Amortised cost or cost, estimated fair values and other-than-temporary impairments of fixed income securities classified as available-for-sale as of 31 December were as follows: 2018 Amortised cost Gross unrealised Gross unrealised
33
annual_report
5026
938
Primarily represents ceded losses on captive transactions, Smart Home (2012 only) and the QSR Reinsurance Transactions.
16
10K
AvivaPLC-AR_2001
150
Our United States business contributed total new business premiums 62% higher at £371 million (2000: £218 million) as a result of continuing strong fixed annuity sales. In Australia, total life and pension sales were down to £244 million (2000: £255 million).
41
annual_report
PhoenixGroupHoldingsPLC-AR_2009
367
Corporate costs Corporate office costs and project spend amounted to £8 million. The balance of the charge relates primarily to the net expected return on the pension scheme and share-based payment charges on warrants issued.
35
annual_report
15
267
Shareholders' equity was $1.42 billion at December 31, 1993, an increase of 27% over the $1.12 billion at December 31, 1992. Approximately 10% of this increase was due to Torchmark's election to classify all fixed maturities as available for sale. Book value per share was $18.80 at December 31, 1993, compared to $14.54...
142
10K
2190
4,556
We monitor the ratio of losses and loss adjustment expenses to net earned premium (the "loss ratio") as a measure of relative underwriting performance where a lower ratio represents a better result than a higher ratio. Our overall loss ratio was 53% for 2003 compared to 64% for 2002. There was a release of reserves in ...
92
10K
4535
1,688
Ceded Reinsurance: Ongoing operations. The Company's insurance subsidiaries have reinsurance recoverables from various reinsurance arrangements in the ordinary course of business for its Global Health Care, Group Disability and Life, and Global Supplemental Benefits segments as well as the corporate-owned life insuranc...
62
10K
SwissReAG-AR_2015
3,811
The SONAR process involves two steps. Firstly, we have an interactive intranet platform, which enables our employees to share and discuss risk notions on all main areas of the emerging risk landscape quickly and easily and to stay up-to-date on new developments. While many of these early signals will never actually tur...
92
annual_report
PhoenixGroupHoldingsPLC-AR_2020
3,284
B. EARNINGS PERFORMANCE continued B1. Segmental Analysis continued B1.1 Segmental Result £m £m
13
annual_report
AdmiralGroupPLC-AR_2016
1,708
Reinsurance assets are comprised of balances due from reinsurance companies for ceded insurance liabilities. Amounts recoverable from reinsurers are estimated in a consistent manner with the outstanding claims provisions or settled claims associated with the reinsured policies and in accordance with the relevant reinsu...
45
annual_report
gb_lloyds_banking_grp-AR_2000
311
is now the leading distributor of household insurance in the UK. Overall new business sales in 2000 were over 2.4 million, 14 per cent higher than in 1999, of which over 900,000 were home insurance policies. The overall increase in sales, together with renewal business, produced a 22 per cent increase in commission inc...
82
annual_report
4430
1,027
For 2010, TRH's net operating cash inflows were $1.06 billion, an increase of $109.5 million from 2009. The increase results, in large part, from net recoveries of income taxes in 2010 compared to net payments of income taxes in 2009 and increased cash received from underwriting activities, partially offset by an incre...
108
10K
1720
1,292
Set forth in the tables below is certain financial information with respect to the Company's operating segments as of or for the years ended December 31, 2001, 2000 and 1999. The accounting policies of the segments are the same as those described in the summary of significant accounting policies, except for the method ...
169
10K
BaloiseHoldingLtd-AR_2011
1,003
Balance of cash and cash equivalents as of 1 January 2,528.7 2,208.9 balance of cash and cash equivalents as of 31 december 2,208.9 2,287.8
24
annual_report
3382
900
The pre-tax (loss) income was $(51.7) million and $32.1 million for the years ended December 31, 2007 and 2006, respectively. The significant changes are described below.
26
10K
5244
659
In Atrium’s other operating expense ratio, the excluded general and administrative expenses relate to amortization of the definite-lived intangible assets in the holding company, and expenses relating to AUL managing agency employee salaries, benefits, bonuses and current year share grant costs. The excluded AUL genera...
112
10K
TrygAS-AR_2005
1,161
Norway under the brand names “Vesta” and “Enter”. TrygVesta's products in Norway are distributed through 85 franchisee offices who are licensed to use our brand and exclusively sell our products and Nordea products. We also sell through our own sales agents, three regional customer centers, 35 local service centers, ca...
56
annual_report
AegonNV-AR_2019
1,723
Under the current policy, as endorsed by shareholders at the Annual General Meeting of Shareholders on May 17, 2019, the Supervisory Board members are entitled to the following payments: In order for the Remuneration Committee to assess the competitiveness of the Supervisory Board fee levels, they gather benchmark data...
134
annual_report
5911
776
The Series A Preferred Stock pays a cumulative dividend of $0.25 per share per quarter. The Company declared and paid aggregate dividends to the holder of record of the Company’s Series A Preferred Stock of $10 thousand for each of the years ended December 31, 2020 and 2019.
48
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2014
3,091
Capital Asset Pricing Model (CAPM) Capital market model used to evaluate securities, based on the portfolio theory. The CAPM expands the portfolio theory to include the question of which part of a security’s overall risk cannot be eliminated by means of risk diversification, and explains how investment opportunities en...
79
annual_report
ch_zurich_insurance_group-AR_2011
2,342
Effect of potentially dilutive shares related to share-based compensation plans 1,142,920 (0.18) (0.19) Diluted earnings per share 3,416 145,987,835 23.40 24.33 1 Excludes the net income attributable to preferred shareholders of USD 4 million and USD 11 million for the years ended December 31, 2011 and 2010, respective...
81
annual_report
5417
1,101
In our Non-life Run-off segment we use the balance sheet accounting approach for assumed loss portfolio transfers, whereby at the inception of the contract there are no premiums or losses recorded in earnings. At the inception of a contract, a deferred charge asset is recorded for the excess, if any, of the estimated u...
92
10K
AvivaPLC-AR_2018
1,433
5 Pension contributions consist of employer defined contribution benefits, excluding salary exchange contributions made by the employees, plus cash payments in lieu of pension. EDs are eligible to participate in a defined contribution plan and receive pension contributions and/or a cash pension allowance from the Compa...
75
annual_report
2573
994
In our opinion, the consolidated financial statements listed in the accompanying index present fairly, in all material respects, the financial position of Vesta Insurance Group and its subsidiaries (the Company) at December 31, 2004 and 2003, and the results of their operations and their cash flows for each of the thre...
236
10K
2911
1,345
Company description, industry characteristics and trends, company-to-industry profile, quality of management, etc.
12
10K
INGGroepNV-AR_2019
3,415
Average of the risk number for the correlation trading portfolio over the preceding 12-weeks
14
annual_report
4677
1,080
(2) European Supranational securities are issued by entities formed by two or more central governments to promote economic development for the member countries, such as the World Bank, the European Bank for Reconstruction and Development and the European Investment Bank.
40
10K
4710
1,215
As of January 1, 2014, our three largest modeled exposures to a single event loss at a 250-year return period were U.S. Hurricane, U.S. Earthquake and European Windstorm.
28
10K
ch_zurich_insurance_group-AR_2019
1,547
• STIP target: The STIP target percentages for the members of the ExCo for 2019 are 100 percent of the base salary.
22
annual_report
5658
1,276
2017 versus 2016: The current accident year loss ratio increased to 84.1% in 2017 from 67.7% in 2016. The increase was primarily due to an increase in catastrophe and weather-related losses. During 2017, we incurred pre-tax catastrophe and weather-related losses, net of reinstatement premiums, of $422 million, or 18.5 ...
94
10K
5218
1,196
The $70 million net realized investment gains and losses in 2015 were primarily due to $103 million in net realized gains from equity security sales and $18 million from fixed-maturity security sales and calls, partially offset by $52 million of OTTI charges for six securities.
45
10K
4861
881
The Company expects no significant reductions to unrecognized income tax benefits within the next 12 months as a result of projected resolutions of income tax uncertainties.
26
10K
RaiffeisenBankInternationalAG-AR_2013
131
This positive trend initially continued in the second quarter, despite a global economic slowdown. Italy’s successful formation of a government, as well as the ECB’s announced cut in interest rates at the beginning of May, from 0.75 per cent to 0.5 per cent, both reassured the markets. Nevertheless, the US Federal Rese...
86
annual_report
StandardLifeAberdeenPLC-AR_2015
4,333
The Committee’s role is to advance the Financial Conduct Authority’s (FCA) statutory objectives of securing an appropriate degree of protection for consumers by assessing the value for money of relevant schemes, raising concerns, where necessary, and reporting on the VfM of the relevant schemes operated by SLAL. The Co...
71
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2020
2,238
Provisions for asbestos and environmental claims 31.12.2020 Prev. year €m1 Gross Net Gross Net Asbestos 1,098 941 1,119 986 Environ- mental 1 The previous year’s figures have been adjusted to eliminate currency translation effects.
34
annual_report
BaloiseHoldingLtd-AR_2007
2,214
Therefore, the application of IFRIC 10 has no impact on the Baloise
12
annual_report
2697
995
Consolidated earned premiums increased $46.2 million (4.8%) to $1,006.8 million in 2004 from 2003. The Company’s standard segment contributed a 4.6% increase to consolidated earned premiums in 2004 from 2003, while the nonstandard segment generated a 1.1% decrease in the same period. The 2003 consolidated earned premiu...
90
10K
4670
650
Outstanding Debt. In December 2010, we entered into the Third Amended and Restated Credit Agreement with Wells Fargo (Amended Credit Facility) under which we were provided with: (a) $100.0 million line of credit through December 31, 2011; (b) $90.0 million line of credit from January 1, 2012 through December 31, 2012; ...
227
10K
AegonNV-AR_2004
1,055
Examples of these products include variable annuities, variable universal life, unit-linked products and mutual funds. AEGON
16
annual_report
3731
1,128
Our income tax rate percentage on income from continuing operations is reconciled to the U.S. federal statutory tax rate as follows:
21
10K
NNGroupNV-AR_2019
96
In today’s world, we are facing persistently low interest rates, economic and political uncertainty, pressure on margins, and the implications of climate change. Regulatory developments, such as the changes in tax rules in Japan, require us to adapt to find suitable solutions for our customers. On top of this, since th...
81
annual_report
ch_zurich_insurance_group-AR_2012
732
The total value for 2012 comprises the following elements (the comparative figures for 2011 are shown in the table on total remuneration for all members of the GEC):
28
annual_report
3784
940
Other-Than-Temporary Impairment-We have a committee review process for all securities in our investment portfolio, including a process for reviewing impairment losses. Factors considered when assessing impairment include:
27
10K
de_allianz-AR_2013
1,451
impAct of stAndArd finAnciAl scenArios on internAl cApitAl rAtios (totAl port folio before non-controlling interests And After tAx And group diversificAtion)
21
annual_report
RaiffeisenBankInternationalAG-AR_2015
3,086
On initial recognition, the Group categorizes certain financial assets and liabilities as held-for-trading or measured at fair value. These financial assets and liabilities are recognized at fair value and shown as financial assets and liabilities at fair value.
38
annual_report
PowszechnyZakladUbezpieczenSA-AR_2012
1,692
Members and the entire Management Board as well as making decisions on ceasing any such suspension;  granting approval for the transfer of a whole or part of the insurance portfolio;  accepting the Management Board‟s motions concerning the purchase, taking up or selling of shares in companies and concerning the Compa...
138
annual_report
4557
2,488
Ceded policyholder and contract related liabilities, other than those currently due, are reported gross on the balance sheet.
18
10K